Shell profits surge by 49%

Royal Dutch Shell today announced a 49% surge in first quarter profits as the energy giant joined rival BP in benefiting from higher oil prices.

Shell profits surge by 49%
Wed, 28 Apr, 2010 - 08:51

Royal Dutch Shell today announced a 49% surge in first quarter profits as the energy giant joined rival BP in benefiting from higher oil prices.

The Anglo-Dutch group reported earnings of $4.9bn (€3.71bn) for the first three months of the year – a day after BP posted a figure of $5.6bn (€4.24bn).

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